Distribution Stox recently announced the conclusion of an agreement in principle to acquire ARP Distribution, another passenger car and light truck tire distributor — this one located in Plessisville, Quebec.
The acquisition means activities in Distribution Stox’s Victoriaville warehouse will be transferred to the 16,000 square-foot warehouse in Plessisville to service customers from the Centre-du-Québec region more efficiently.
“This acquisition is part of our growth strategy which will enable Distribution Stox to solidify its presence in the Centre-du-Québec region in terms of passenger and light truck tire distribution,” said Jean Novak, President & CEO of Distribution Stox, in a statement.
Activities of the Point S banner location, operated by Alignement du Rond Point, will remain unchanged from a retail perspective.
“My brother Dale and I are happy to see our distribution company pursue its development as part of our Unimax, Point S, Distribution Stox professional family,” said Steeve Goudreault, President of Groupe Rond Point, in a statement. Moving forward, we will focus our efforts on our Point S retail location in Plessisville.”
